onalized through customer interfaces. In 2014, the company invested in Tendril Networks, Inc. and licensed its data-driven Energy Services Management Platform. In 2014, the company also announced an exclusive agreement with Sunverge Energy, Inc. (Sunverge) to offer their advanced Solar Integration System (SIS) energy storage solution to certain customers in the United States and Australia. The Sunverge SIS is a distributed energy storage solution comprising batteries, power electronics, and multiple energy inputs controlled by cloud-based software. The company is developing next generation microinverters for use with its high efficiency solar panels to enhance its portfolio of Smart Energy solutions. Residential Leasing Program The company’s residential lease program, in partnership with third-party investors, provides U.S. customers SunPower systems under 20-year lease agreements that include system maintenance and warranty coverage. SunPower residential lease customers have the option to purchase their leased solar systems upon the sale or transfer of their home. Customers The EMEA segment includes European countries, as well as the Middle East and Africa. The APAC Segment includes all the Asia-Pacific countries. The company sells its products through its three regional segments, such as the Americas Segment, the EMEA Segment, and the APAC Segment. The company’s customers include investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners and small commercial building owners. Intellectual Property SunPower and the SunPower logo are the company’s registered trademarks in countries throughout the world for use with solar cells, solar panels and mounting systems. The company also holds registered trademarks for, among others, Maxeon, Oasis, InvisiMount, Serengeti, Smarter Solar, Smart Energy, SunTile, SunPower Electric, SuPo Solar, Tenesol, Greenbotics, More Energy. For Life., The Planet's Most Powerful Solar, The World's Standard for Solar, and Use More Sun in certain countries. As of December 28, 2014, the company held registrations for 27 trademarks in the United States, and had 8 trademark registration applications pending. The company also held 141 trademark registrations and had approximately 24 trademark applications pending in foreign jurisdictions. Competition Residential and Commercial: The company’s competitors include Canadian Solar Inc.; Hanwha Corporation; JA Solar Holdings Co.; Kyocera Corporation; LG Corporation; Mitsubishi Corporation; NRG Energy, Inc.; Panasonic Corporation; Recurrent Energy; Sharp Corporation; SolarCity Corporation; SolarWorld AG; SunEdison Inc.; Sungevity, Inc.; SunRun, Inc.; Trina Solar Ltd.; Vivint, Inc.; and Yingli Green Energy Holding Co. Ltd. Utility and Power Plant: The company’s competitors include Abengoa Solar S.A.; Acconia Energia S.A.; AES Solar Energy Ltd.; Chevron Energy Solutions (a subsidiary of Chevron Corporation); EDF Energy plc; First Solar Inc.; NextEra Energy, Inc.; NRG Energy, Inc.; Sempra Energy; Silverado Power LLC; Skyline Solar, Inc.; Solargen Energy, Inc.; Solaria Corporation; SunEdison Inc.; and Tenaska, Inc. Environmental Regulations Section 13(r) to the Securities Exchange Act of 1934, as amended (the Exchange Act), requires the company to disclose whether Total S.A. or any of its affiliates (collectively, the Total Group) engaged during the 2014 calendar year in certain Iran-related activities. History SunPower Corporation was incorporated in California in 1985. The company was reincorporated in Delaware in 2005.
sunpower corp (SPWR:NASDAQ GS)
77 Rio Robles
San Jose, CA 95134
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